If health care costs continue to rise, insurance companies fear that?

Question

A. they'll have to offer a greater variety of insurance policies.

B. coverage for dependents under age 18 will decrease.

C. government involvement will increase on both state and federal levels.

D. consumers will be driven to competitors who can offer lower prices.

Answer 1

your helth

Answer 2

E. All of the above.....

Answer 3

If you have to choose go with C.  That's what the well established good rated insurance companies fear the most.

Reason why not to choose the rest.

A. Insurance companies are constantly looking to offer a greater variety of insurance policies.  

B. I don't know how they are trying to trick you with this. I want to insure healthy children and young adults 14-18.

D. They don't care so much that consumers will go to lower priced companies. If those companies want to have high underwriting losses that's their problem. Better their books then mine.

Quality companies focus on these themes:

Sound Underwriting

Focus on Customer Service

Monitoring Government Legislation

Financial Stability of Reinsurers

Providing insurance in areas with limited competitors.

Answer 4

Seriously, none of the above is the answer.  

If HC costs rise, insurers fear that their premiums won't cover their claims. If costs go beyond premium, they will gladly let competitors have the unprofitable business.  

Most big insurers are planning on being a part of government involvement, as they are for Medicare, so that is no big deal, and they already offer dozens of policies for all ages.